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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser report. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to wonder just a bit longer. if the dream of millions of migrants that then children might choose their motherland. is. i want my children to win over moscow. russia has become this stepmother land meets migrants working hard to find a way home. some account is the oldest city in central.
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser report. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to wonder just a bit longer. if the dream of millions of migrants that then children might choose their motherland. is. i want my children to win over moscow. russia has become this stepmother land meets...
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economy could take if major changes don't happen and fast here's what he said recently on c n b c. if they don't prevent the credit supply from contracting then we will have a new depression so the policy is to ensure the credit continues to expand and now that's what government that is doing increasing government is making total debt grow otherwise we would have already collapsed into a deflation death spiral and duncan isn't alone in his fierce expert include experts including former reagan administration economist laurence kotlikoff and kurt morris agree and yet little is being done to reverse this trend let alone address it to help me figure out the root of this problem then the possible solutions i was joined earlier by peter schiff he's the c.e.o. of euro pacific capital incorporated and i began by asking him if the federal debt is being called a death spiral is really accurate or if it's an exaggeration well i don't think he's exaggerating you know for years i think i was more bearish dinner richard duncan maybe he's trying to get out bearish me at this point but you know we
economy could take if major changes don't happen and fast here's what he said recently on c n b c. if they don't prevent the credit supply from contracting then we will have a new depression so the policy is to ensure the credit continues to expand and now that's what government that is doing increasing government is making total debt grow otherwise we would have already collapsed into a deflation death spiral and duncan isn't alone in his fierce expert include experts including former reagan...
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to give shares in state institutions and bear off lot of eccentric cetera and he did it he gave the economy away so he ruled over very little had no power and because off he was at the top of the hill so this is how he generated his wealth ok he didn't earn it but now you talk about a wealthy man you've met him and there's yes and ohm arrogant he was full of themself ok but a lot of security around him an enormous amount of security he was paranoid for good reason there were attempts on his life and he left because he was worried for his life ok he took his money with him or at least a good part of it is sold a self-imposed exile in learned it was a solicitor sleep it was an escape he left it was he would have been charged with all kinds of criminal offenses all the reservation self-preservation not going to get out of and then revenge ok what about what about one of the you know one of the high profile cases was probably wasn't really that it been going to the polonium poisoning worked for a bit of skin so litvinenko world would be better off in what capacity to look for dirt to look for d
to give shares in state institutions and bear off lot of eccentric cetera and he did it he gave the economy away so he ruled over very little had no power and because off he was at the top of the hill so this is how he generated his wealth ok he didn't earn it but now you talk about a wealthy man you've met him and there's yes and ohm arrogant he was full of themself ok but a lot of security around him an enormous amount of security he was paranoid for good reason there were attempts on his...
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block by actual advisor warren pollack tells us the hardships of small cyprus is economy are part of a much bigger crisis. we're talking now about cyprus which has one point one five million people but in reality this is a global problem which has not been addressed since two thousand and seven two thousand and eight and previous to that with the issuance of huge amounts of debt and into the system both year and in the united states and when that dead goes bad the only recourse which exists is to tap the remaining collateral in the system which is the saving sooner or later if you keep on sort of stealing savings you're going to have popular unrest it's something which is relevant in a country that is one point one five million people but when you start to see unrest let's say in france where they are not as strong financially as well as germany i mean we can stephanie see the small countries being the test to see whether savings can be stolen on a wider scale. the rescue package coming at a high cost for cyprus that struggle to keep its tax haven status president even threatened to
block by actual advisor warren pollack tells us the hardships of small cyprus is economy are part of a much bigger crisis. we're talking now about cyprus which has one point one five million people but in reality this is a global problem which has not been addressed since two thousand and seven two thousand and eight and previous to that with the issuance of huge amounts of debt and into the system both year and in the united states and when that dead goes bad the only recourse which exists is...
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political analysts i'm the damage to the cypriot economy is already done regardless of what the government and the finance ministers decide. this is exactly the same government that we're talking about that had accepted only a few days ago a catastrophic plan that was dictated by the euro group who were negotiating only be only for it to be rejected by this it pretty parliament so why would anyone believe them this time around the country if you know a way of getting out of this mess by this point to be honest or at least in the medium or even the short and i don't think there's any sustainable way way out as you may have read already as you may already know the world bank as well as you warned. that risk for a contagion of us a good price is another thing that's so i guess the risk of thing that's becoming more and more a very strong possibility and almost a certainty it doesn't really matter whether whether these actually whether measures are implemented or not and whether that trading haircut is fifteen or twenty to twenty five percent which is pretty much the subject of a discussion of
political analysts i'm the damage to the cypriot economy is already done regardless of what the government and the finance ministers decide. this is exactly the same government that we're talking about that had accepted only a few days ago a catastrophic plan that was dictated by the euro group who were negotiating only be only for it to be rejected by this it pretty parliament so why would anyone believe them this time around the country if you know a way of getting out of this mess by this...
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professor of political economy at the university of nicosia believes there would be done repercussions to the separate nation if it complied with the strict bailout terms. there is a political willingness by the government to reach an agreement for the bailout which we did troika but it seems that they're making it more and more difficult with new and new demands they fear that exists in case that all demands of the trade got accepted i mean it would be very difficult for these under one of these agreement to be viable in the sense that if we throw the country in which is complete and the huge recession and the vicious circle and it will be extremely difficult if not impossible to get out of it this is unprecedented cyprus lost twenty five percent of its g.d.p. almost two years ago when there was the kid a couple of the greek dead and there has been no compensation for that if these ideas being discussed are implemented there will be another hearing of the cyprus g.d.p. which will be around forty percent it will be impossible i think to get out of such a mess british police account loo
professor of political economy at the university of nicosia believes there would be done repercussions to the separate nation if it complied with the strict bailout terms. there is a political willingness by the government to reach an agreement for the bailout which we did troika but it seems that they're making it more and more difficult with new and new demands they fear that exists in case that all demands of the trade got accepted i mean it would be very difficult for these under one of...
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the ten billion euros in early may the euro group has signed off on the rescue plan for the ailing economy which apply is a restructuring of cyprus is the second largest bank and to have a levy on larger deposit holders. cities house. it's really been a last minute effort here trying to meet but monday twenty fifth of march deadline aside by the european central bank and cutting up liquidity there will be a restructuring of the country's second largest bank here we. know what's going to happen is they're going to be having to create. a bad bank so first of all. so the one hundred thousand euros will be protected and a move to transfer to the bank of cyprus that is the largest lender of the country well. above one hundred thousand euros will be taking a last. night after the sun some day but the essential bank impose a limit that people can take from a.t.m.'s there was a one hundred you will remember so we can see the cash. problem still being felt here the ground up people are still really really frustrated and really anxious of what's going to be happening over the senior staff and family
the ten billion euros in early may the euro group has signed off on the rescue plan for the ailing economy which apply is a restructuring of cyprus is the second largest bank and to have a levy on larger deposit holders. cities house. it's really been a last minute effort here trying to meet but monday twenty fifth of march deadline aside by the european central bank and cutting up liquidity there will be a restructuring of the country's second largest bank here we. know what's going to happen...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines in two cars a report. from . live. oh. live. i'm in sochi the only city in europe i'm the host of the twenty fourteen winter olympics. see. thank you. so much. thank you the. way a. doctor visit. the friday is a. mix of calm. seas it's so true.
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines in two cars a report. from . live. oh. live. i'm in sochi the only city in europe i'm the host of the twenty fourteen winter olympics. see. thank you. so much. thank you the. way a. doctor visit. the friday is a. mix of calm. seas it's so true.
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find out what's really happening to the global economy.
find out what's really happening to the global economy.
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economy. the european bailout proposals are all about helping the banks not the people who are always being forced to pay for the bondholders mistakes. why should the members of parliament tax the average guy in cyprus to bail out the rich bankers course they shouldn't be doing it they should follow the path of iceland let them go under too much the all of europe like all of america is a bank ocracy everything is being run for the banks this is all about bailing out the banks it's not about bailing out cyprus not about bailing out greece or italy or spain it's the banks the banks that went bananas during the during the federal reserve bank of england and e.c.b. generated boom of two thousand and seven two thousand and even so they got into bad trouble they have to pay for the mistakes they made and certainly nobody in cyprus should be taxed to pay back the bonds they never agreed to average guys never agreed to pay those bonds they should repudiate the bonds start afresh and no longer rip off
economy. the european bailout proposals are all about helping the banks not the people who are always being forced to pay for the bondholders mistakes. why should the members of parliament tax the average guy in cyprus to bail out the rich bankers course they shouldn't be doing it they should follow the path of iceland let them go under too much the all of europe like all of america is a bank ocracy everything is being run for the banks this is all about bailing out the banks it's not about...
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manipulator ok he used the system what was happening in russia the political system in collapse the economy had collapsed belief in authority had collapsed everything it was in collapse so he picked up pieces all the all over the place where he was he didn't generate wealth he store wealth let's be clear about what they can you can you talk about in the end because you and i were talking off air about the the rule of seven of bankers that came out of this is where the term came in i think was better software that invented it essentially that in one thousand nine hundred six a small number of people in the community enormous wealth but they wanted more and they said to yeltsin we'll get you reelected but you have to give the shares in state institutions and bear off lot of eccentric cetera and he did it he gave the economy away so he would over a very little had no power and because after he was at the top of the pool so this is how he generated his wealth he didn't earn it but now you talk about a wealthy man you met him and there's yes. oh i'm arrogant he was full of themself ok but a lot
manipulator ok he used the system what was happening in russia the political system in collapse the economy had collapsed belief in authority had collapsed everything it was in collapse so he picked up pieces all the all over the place where he was he didn't generate wealth he store wealth let's be clear about what they can you can you talk about in the end because you and i were talking off air about the the rule of seven of bankers that came out of this is where the term came in i think was...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines tune into kinds of reports . that. ultimately. please. speak. her or her. wish. please. please. please. please mother. earth.
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines tune into kinds of reports . that. ultimately. please. speak. her or her. wish. please. please. please. please mother. earth.
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also professor of political economy at the university of nicosia and the president of the site percent for european and international affairs so good to see you today thank you for coming on r.t. a crucial meeting under way in brussels right now where the president of cyprus discussing the future with key figures who hold the country's fate in their hands any forecast from you about the out coming of this meeting. it's very difficult to make you if there is a political willingness by the government to reach an agreement for the bailout. with the troika but it seems that they're making it more and more difficult with demands here that exist is that the case that albie months of the trade got accept . i think it would be very difficult for these one of these agreement to be viable in this sense that if we throw the country impeach he's going to leave and the huge reach in the reaches circle and it will be extremely difficult if not impossible to get out of it so you're forecasting an absolute pit of financial despair if indeed it did regardless of what comes out of this meeting here cert
also professor of political economy at the university of nicosia and the president of the site percent for european and international affairs so good to see you today thank you for coming on r.t. a crucial meeting under way in brussels right now where the president of cyprus discussing the future with key figures who hold the country's fate in their hands any forecast from you about the out coming of this meeting. it's very difficult to make you if there is a political willingness by the...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser reports. it . took. live. live. live live. live. live live. live .
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser reports. it . took. live. live. live live. live. live live. live .
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multinationals productize economy and of course to great with hezbollah integrate with iran would be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we found a can of worms has been used it has to be by the rebels and he thought that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said that it be a red line of chemical weapons argues that only seems to apply if president assad's forces use them the syrian army and so we're going to be consistent on these chemical weapons to using these wrong and the rebels are using and they should be indicted for war crimes. let's turn our attention to the out of iraq now where the tenth anniversary since american soldiers invaded the country was marked this week with more bombings and all the total death toll at least of a sixty al-qaeda linked groups that it was behind the attacks which happened in the mostly shiite areas of the capital and other cities caffein off looks back at what the u.s. and ever ultimately achieved. at this hour american an
multinationals productize economy and of course to great with hezbollah integrate with iran would be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we found a can of worms has been used it has to be by the rebels and he thought that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said that it be a red line of chemical weapons argues that only seems to apply if president assad's forces use...
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find out what's really happening to the global economy in the kinds of reports on our. hello and welcome to the anti sports show with me richard i'm paul fleets all over the next thirty minutes we'll bring you all the news from russia and abroad but it starts with the headlines. in our piece seven point lead at the top of the russian the premier league second place angie drop points and their first man should be a new stadium. california dreaming maria sharapova rushes caroline wozniacki to claim her first title of the year the indian wells open and returns to number two in the world. and who hundred syrians can moscow pick up their third straight win in the top sixteen of expensive old photos are. inching closer to the euro league quarterfinals. look sad for their first premier league title in seven years has been moved to seven points clear of the top of the table following a one a nail victory against krasnodar where all the action from week twenty one here is constantly but top of. the only. legally there is to this guy had a narrow one zero win over a cross on the
find out what's really happening to the global economy in the kinds of reports on our. hello and welcome to the anti sports show with me richard i'm paul fleets all over the next thirty minutes we'll bring you all the news from russia and abroad but it starts with the headlines. in our piece seven point lead at the top of the russian the premier league second place angie drop points and their first man should be a new stadium. california dreaming maria sharapova rushes caroline wozniacki to...